We are witnessing another U.S inverted yield curve for the first time since the 2007 recession. Could this be a signal towards the next US downturn? Source: Financial Times Alan Greenspan, the then Federal Reserve chairman nicknamed The Oracle for his economic soothsaying, told the US Senate on July 21 2005 to disregard an obscure…
The Federal Reserve has raised the US short-term interest rate signalling it will go ahead with plans to tighten policy despite concerns of a trade war. The Fed will tighten monetary policy as the unemployment heads towards record lows and wage growth accelerates at its quickest pace in nine years. Source: Financial Times The Federal…
The yield on 10-year U.S. Treasuries hit 3 percent for the first time in more than four years. Its breach of the threshold helped focus investors on the rising risks for equities. Source: The Globe and Mail The march higher in bond yields reached a critical level on Tuesday that could prompt portfolio managers…
Joe Zidle, a portfolio strategist at Richard Bernstein Advisors, believes that investors are going into 2018 assuming that rising bond yields — which move inversely of prices and affect consumer borrowing costs — will stay low. Source: CNBC Forget bitcoin — the biggest risk to stocks next year will actually be the bond market. That’s…
The Federal Reserve has indicated there is a strong chance they will announce a decision to start shrinking the central bank’s portfolio of bonds and other assets. Source: Fox Business Federal Reserve officials have indicated there is a strong chance they will announce in September a decision to start shrinking the central bank’s portfolio of bonds…
NY Fed findings say reforms including the Dodd-Frank Act and Basel III regulation have constrained banks in their ability to trade corporate bonds, leading to “adverse impact” on bond-level liquidity. Source: Financial Times Regulations designed to safeguard the US from another financial crisis have damped corporate bond trading activity, according to the Federal Reserve Bank of…
The FICC market (fixed income, currencies and commodities) is moving towards digitization and automation Source: eFinancialCareers Last month, the U.S. federal reserve raised interest rates for the second time in three months, the first of three rate hikes expected in 2017. While other markets — Japan, Europe and Canada — are maintaining record-low rates, inflation in…
The Fed is expected to slow down their purchase of agency mortgage-backed securities thanks to the refinancing slowdown Source: The Wall Street Journal The Federal Reserve has been buying up fewer mortgage bonds in recent months thanks to a flameout of the American refinancing boom, one factor that economists say is likely to help shape Fed…
The market closely scrutinizes Yellen’s speech as to clues on a probable rate hike, with the forward market already pricing in a 80% possibility that a rate hike will occur this month Source: BusinessDay The South African bond market was firmer in late afternoon trade on Friday, ahead of US Federal Reserve chair Janet Yellen’s last…
Yield on benchmark 10-year Treasury note hits the highest intraday level since September 2014 Source: The Wall Street Journal The global bond market rout is deepening Thursday after the Federal Reserve’s latest signal about a quicker pace of interest-rate increases next year provided a fresh catalyst for investors to sell government bonds. The selling sent the…
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
